Global Technical Textile Market 2018 Top Companies are 3M, DuPont, Ahlstrom, Johns Manville, HUESKER Group, DiloGroup, Hindoostan Technical Fabrics Limited, Procter & Gamble, Freudenberg Group, TenCate, GSE Environmental, Asahi Kasei

Global Technical Textile market report is in-depth study on how the status is for the industry. This report includes a study of marketing and development strategies, along with the product portfolios of the leading companies. It also includes profiles of leading companies and brands that are driving the market with their recent developments, product launches, joint ventures, merges, and accusations.

The global Technical Textile market report also gives a deep knowledge about market definition, classifications, applications, engagements and market trends while also showing the CAGR figures for the Forecast years 2018-2025. SWOT analysis is used to find the market drivers and restrains.

The Global Technical Textile Market is expected to reach USD 249.23 billion by 2025, from USD 156.68 billion in 2017 growing at a CAGR of 5.87% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic year is 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.

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Competitive Landscape:

The global technical textile market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of Technical Textile market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
In 2016, DiloGroup (Germany) introduced its latest products and development at CINTE Techtextil China, CINTE Techtextil China is the Asia’s leading biennial trade fair for technical textile.

Market Definition:

Technical textile is used for their multifunctional features. It is manufactured for non-aesthetic purposes and offers various advantages for its
functional aspect in improving health and safety. Hometech textile and mobiltech textile are two form of textile which is widely used by automotive in reducing the weight of the vehicle by providing light material that is tough and durable. It has various applications in agriculture, packaging and furnishing, clothing, and other. According to the Industrial Trade Administration, in 2017, U.S. light vehicle sales reached up to 17.1 million units. In the same year, about 2.0 million new light vehicles and 130,000 medium and heavy trucks were shipped by the U.S. to more than 200 markets all round the world with additional exports of automotive parts valued almost about USD 85.6 billion. As per the U.S. Food and Agriculture Industries, in 2017, the food and agriculture industries are the active contributors to the US economy, accounting for around USD 6.79 trillion or 20.4% of total national output. Thus above factor proves that automotive sector is growing and will derive the demand for technical textile.

Key Market Competitors:

The key players operating in the global technical textile market are –

• 3M,
• Dupont,
• Ahlstrom Corporation,
• Johns Manville,
• Huesker Synthetic Gmbh,
• DiloGroup,
• Hindustan Technical Fabrics Limited,
• Proctor and Gamble,
• Freudenberg & Co.,
• Royal Ten Cate,
• GSE Environmental Inc.,
• Asahi Kasei,
• Kimberley-Clark,
• Mitsui Chemicals,
• Huntsman,
• Berry Global Group,
• Toyobo Co.,
• Milliken & Company,
• SRF Limited,
• Lanxess,
• Koninklijke Ten Cate,
• International Textile Group

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Market Drivers:

• High adaptability and awareness of products

• Growing demand from emerging industrial markets

• Raising demand for new applications areas

Market Restraint:

• High cost of finished product affects the pricing structure

• Varying environmental mandates across regions

Segmentation:

By Material Type

• Ceramics
• Natural Fiber
o Cotton
o Wool
o Others
• Synthetic Polymer
o Polyethersulfone (PES)
o Polyamide (PA)
o Polyacrylonitrile (PAN)
o Polypropylene (PP)
o Polyester
o Others
• Mineral
o Asbestos
o Glass
o Ceramic Fiber
• Metal
• Regenerated Fiber
o Rayon
o Acetate
• Others

By Process

• Woven
• Knitted
• Non-Woven
• Others

By Application

• Mobiltech
• Sportech
• Buildtech
• Hometech
• Clothtech
• Meditech
• Agrotech
• Protech

By Geography
• North America
o U.S.
o Canada,
o Mexico
• Europe

• Asia-Pacific

• South America

• Middle East & Africa

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